In February 2012, the trend labour force participation rate in Victoria was 64.9%, a slight decrease on the previous month and below the national rate of 65.2%.
In seasonally adjusted terms, the labour force participation rate was 64.8%, slightly down on the rate in January 2012.
How many people participate in the labour force in your state or territory?
The participation rate represents the labour force (total employed and unemployed who are actively looking for work) expressed as a percentage of the civilian population aged 15 years and over, in the same group. Labour force estimates are derived from the Labour Force Survey component of the Monthly Population Survey. Information is obtained from the occupants of selected dwellings by specially trained interviewers using computer-assisted interviewing.
A person's experience of the labour market will vary according to a number of factors, including the economic conditions at any given time, and their age. For example, the chance of someone finding a job decreases during a recession, while the likelihood of participating in the labour force varies as circumstances change, particularly in relation to family and education commitments. Factors affecting someone's peer group can also have a similar influence on labour market activity - people of different generations may have different expectations and experiences.
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